So you can see the impact on income levels here. So DPI is disposable personal income quarter quarter to quarter at an annualized rate. So without tax relief, Nancy and her team's estimate was that in the first quarter nominal disposable personal income, so that includes inflation was going to annualize in terms of growth at a 4% rate with tax relief.that will be a 10% annualized rate. And uh dropping down to the bottom line there, real disposable personal income. So that takes away inflation.What's the rea ...

Welcome back to Squawkbox. President Trump's approval rating remains challenged by the affordability issue. Our senior economics reporter Steve Leeman joins us with the results of the CNBC All America Survey.What are you seeing. >> Yeah, yesterday we did what consumers were saying about it. Now, this is the political side of it.President Trump's approval on the critical issue of inflation and the cost of living fell to a new low in the CNBC All-America economic survey with the president continuing to lose s ...

All year, the jobs market, consumer sentiment, AI and inflation flashed economic warning signs — what does this mean for 2026? Listen to @sarahsholder @svaneksmith and @Markzandi on the Big Take podcast. https://t.co/9IXCqxjXHW ...

I don't see tariffs as being a major driver of inflation. Uh, you know, and I went through a lot I went through this in in in a lot of detail in my speech this morning about why I don't see that being the case. And I've been consistent about that being the case.Now, you might think that if I don't think that tariffs are driving inflation higher, then core goods will stay high for a long period of time, and that would be a problem if I wanted to cut rates. But I see so much disinflation in the pipeline becau ...

The dollar index (DXY00) on Monday fell by -0.09%.  The dollar posted modest losses on Monday ahead of Tuesday's US Nov payrolls report.  The dollar came under pressure on Monday after the Dec Empire manufacturing survey of general business conditions unexpectedly contracted, a dovish factor for Fed policy. The dollar dropped to its low after Fed Governor Stephen Miran said the Fed's policy stance is unnecessarily restrictive on the economy.  The dollar recovered from its worst level after stocks declined, ...

Joining us now with more on that China and maybe even a little touch of Venezuela is Kyle Bass, founder and CIO at Haymon Capital Management. Kyle, I hope you're ready because we got a lot of things that we want to hit with you. Are you ready. >> I'm ready.>> Let's do this. All right, let's kick things off maybe with the Federal Reserve. Obviously, you're very well known for subprime years ago.Some people suggest the Federal Reserve is making a policy mistake by keeping rates too high for too long. What say ...

Federal Reserve Bank of Boston President Susan Collins said she supported last week’s interest rate reduction, but the decision was a “close call” because she remains concerned about elevated inflation https://t.co/6ami4NdpRS ...

The number one issue facing Americans today, which they say will impact their vote in the 26 midterm, is affordability of everyday items like food and fuel. That's according to a recent survey conducted by our next guest. Joining us right now is pollster and political strategist Frank Lunts.Frank, it's great to see you. Uh we we've been talking about this word affordability, which has become sort of part of the the political uh if not popular lexicon. Uh the president has said that word is a conj job.Uh Gre ...

JUST IN: 🇺🇸 President Trump says inflation is "totally neutralized." https://t.co/dC5gC5Rm8r ...

Core Insights - Ricardo Salinas, a prominent Mexican billionaire, has built a vast corporate empire in retail, telecommunications, banking, and media, serving millions of customers across Latin America [1][2] - Despite his traditional business background, Salinas has become a strong advocate for Bitcoin, expressing skepticism towards fiat currencies and government-backed assets, particularly after the inflationary effects of COVID-era stimulus programs [3][4] Group 1: Investment Philosophy - Salinas has allocated 10% of his liquid portfolio to Bitcoin since 2020, indicating a clear conviction in the cryptocurrency as a hedge against inflation [5] - By 2022, he revealed that the majority of his liquid investments were now tied to Bitcoin and related equities, showcasing a significant shift in his investment strategy [5] - In a recent interview, Salinas disclosed that his personal portfolio consists of approximately 70% Bitcoin-related exposure and 30% in gold and gold miners, with no investments in bonds or other stocks [6]